AONA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
AONA
Largest movements
- Receivables within one year -€16,044
down €16,044 (-29.6%), from €54,289 to €38,246
of which Other amounts receivable: -€9,677
- Cash +€9,013
up €9,013 (+7.2%), from €125,563 to €134,576
mainly Receivables within one year (+€16,044) and Depreciation (+€9,698)
- Tangible fixed assets -€8,404
down €8,404 (-22.4%), from €37,567 to €29,163
of which Leasing and similar rights: -€6,953
- Profit (loss) carried forward -€16,488
down €16,488 (-105.8%), from -€15,585 to -€32,074
- Debts after one year -€6,880
down €6,880 (-35.1%), from €19,577 to €12,697
- Other debts +€5,425
up €5,425 (+3.8%), from €141,736 to €147,161
- Trade debts +€4,579
up €4,579 (+11.8%), from €38,725 to €43,304
- Depreciation +€6,831
up €6,831 (+238.3%), from €2,866 to €9,698
- Gross operating margin -€1,616
down €1,616 (-16.6%), from €9,756 to €8,140
- Financial charges -€1,243
down €1,243 (-9.4%), from €13,251 to €12,008
- Financial income -€731
down €731 (-65.6%), from €1,114 to €384
- Taxes -€131
down €131 (-43.5%), from €301 to €170
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €307,179 | €290,456 | -€16,723 | -5.4% |
| Fixed assets | 21/28 | €40,657 | €32,253 | -€8,404 | -20.7% |
| Tangible fixed assets | 22/27 | €37,567 | €29,163 | -€8,404 | -22.4% |
| Plant, machinery and equipment | 23 | €11,138 | €9,803 | -€1,335 | -12.0% |
| Furniture and vehicles | 24 | €350 | €234 | -€116 | -33.1% |
| Leasing and similar rights | 25 | €26,079 | €19,126 | -€6,953 | -26.7% |
| Financial fixed assets | 28 | €3,090 | €3,090 | = | 0.0% |
| Current assets | 29/58 | €266,522 | €258,203 | -€8,319 | -3.1% |
| Stocks and contracts in progress | 3 | €83,375 | €84,257 | +€883 | +1.1% |
| Stocks | 30/36 | €83,375 | €84,257 | +€883 | +1.1% |
| Amounts receivable within one year | 40/41 | €54,289 | €38,246 | -€16,044 | -29.6% |
| Trade receivables | 40 | €43,573 | €37,206 | -€6,367 | -14.6% |
| Other amounts receivable | 41 | €10,717 | €1,040 | -€9,677 | -90.3% |
| Cash at bank and in hand | 54/58 | €125,563 | €134,576 | +€9,013 | +7.2% |
| Deferred charges and accrued income | 490/1 | €3,295 | €1,124 | -€2,171 | -65.9% |
| Total equity and liabilities | 10/49 | €307,179 | €290,456 | -€16,723 | -5.4% |
| Equity | 10/15 | €83,015 | €66,526 | -€16,488 | -19.9% |
| Contributions | 10/11 | €98,600 | €98,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,585 | -€32,074 | -€16,488 | -105.8% |
| Amounts payable | 17/49 | €224,164 | €223,929 | -€235 | -0.1% |
| Amounts payable after more than one year | 17 | €19,577 | €12,697 | -€6,880 | -35.1% |
| Financial debts | 170/4 | €19,577 | €12,697 | -€6,880 | -35.1% |
| Amounts payable within one year | 42/48 | €192,636 | €200,823 | +€8,187 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €6,620 | €6,880 | +€260 | +3.9% |
| Trade debts | 44 | €38,725 | €43,304 | +€4,579 | +11.8% |
| Suppliers | 440/4 | €38,725 | €43,304 | +€4,579 | +11.8% |
| Taxes, remuneration and social security | 45 | €5,555 | €3,479 | -€2,077 | -37.4% |
| Taxes | 450/3 | - | €419 | +€419 | |
| Remuneration and social security | 454/9 | €5,555 | €3,059 | -€2,496 | -44.9% |
| Other amounts payable | 47/48 | €141,736 | €147,161 | +€5,425 | +3.8% |
| Accrued charges and deferred income | 492/3 | €11,951 | €10,409 | -€1,542 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,866 | €9,698 | +€6,831 | +238.3% |
| Other operating charges | 640/8 | €3,029 | €3,136 | +€107 | +3.5% |
| Gross operating margin | 9900 | €9,756 | €8,140 | -€1,616 | -16.6% |
| Operating profit (loss) | 9901 | €3,860 | -€4,694 | -€8,554 | |
| Financial income | 75/76B | €1,114 | €384 | -€731 | -65.6% |
| Recurring financial income | 75 | €1,114 | €384 | -€731 | -65.6% |
| Financial charges | 65/66B | €13,251 | €12,008 | -€1,243 | -9.4% |
| Recurring financial charges | 65 | €13,251 | €12,008 | -€1,243 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,277 | -€16,318 | -€8,041 | -97.2% |
| Income taxes | 67/77 | €301 | €170 | -€131 | -43.5% |
| Profit (loss) for the period | 9904 | -€8,578 | -€16,488 | -€7,910 | -92.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,578 | -€16,488 | -€7,910 | -92.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.